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Kerry Group plc ( (GB:KYGA) ) has issued an update.
Kerry Group plc announced the purchase and subsequent cancellation of 10,000 A ordinary shares as part of its ongoing buyback program, which aims to repurchase shares worth up to €300 million by June 2025. This action is expected to streamline the company’s capital structure and potentially enhance shareholder value, reflecting a strategic move to optimize financial operations and strengthen market position.
More about Kerry Group plc
Kerry Group plc is a company operating in the food industry, specializing in taste and nutrition solutions. It provides a broad range of products including food ingredients and consumer foods, with a strong focus on innovation and sustainability to meet market demands globally.
YTD Price Performance: 14.82%
Average Trading Volume: 42,052
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €15.48B
See more data about KYGA stock on TipRanks’ Stock Analysis page.
